St Martins Hill 5 bed semi-detached house -

Sandersons UK - Canterbury

This listing was posted on Sandersons UK - Canterbury (via ListedBuy).

£375,000

St Martins Hill 5 bed semi-detached house -

Price:

£375,000

Summary:

Used 2011

Location:

Canterbury, Kent

Description:

Property Description: Guide Price £375,000 - £400,000. Situated on St Martins Hill located close to both the City Centre and Christchurch University is this fabulous five bedroom semi-detached house with shops (including a Waitrose supermarket) and public transport connections close by. The property has been let as a student HMO since 2011 with a current saleal income of £30,560 inclusive of bills, which are subject to a fair use cap. The property currently has tenants in situ until the end of the next academic year in July 2024. This fabulous property would make an ideal first buy to let or as an addition to an existing portfolio. Based on the guide price of £375,000 - £400,000 this would represent a return of approximately 8.15% - 7.64%. The property is an established C4 (3+ unrelated sharers) HMO dwelling, and also holds an HMO License (required for 5 or more occupiers) from Canterbury City Council. The property offers five bedrooms (all with 4' double beds), a modern kitchen with dining area open plan to the lounge, main bathroom and an additional downstairs cloakroom, and externally there are pretty front and rear gardens with lovely views. Furnishings and white goods are included and there is no onward chain. Outside: The south facing rear garden, which has gated side access, is presented as two separate areas. A formal lawned garden nearest the house separated by a low fence with a central gate and brick built steps leading down to a gently sloping lawn with plenty of potential. There are fantastic countryside views beyond. There is potential to convert the front garden into off road parking for two cars, subject to the usual consents. You will see upon viewing that plenty of other houses have already made this conversion. Location: The property is located within a short walk from Canterbury Christchurch University main. Still available at ListedBuy!

Posted:

July 14 2023 on ListedBuy